Talkspace Inc (NASDAQ:TALK) shares, rose in value on Thursday, March 27, with the stock price down by -3.26% to the previous day’s close as strong demand from buyers drove the stock to $2.67.
Actively observing the price movement in the last trading, the stock closed the session at $2.76, falling within a range of $2.66 and $2.8099. The value of beta (5-year monthly) was 1.149 whereas the PE ratio was 430.65 over 12-month period. Referring to stock’s 52-week performance, its high was $4.36, and the low was $1.60. On the whole, TALK has fluctuated by -6.64% over the past month.
With the market capitalization of Talkspace Inc currently standing at about $449.73 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-19.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 227.04M, with a low estimate of 45M and a high estimate of 53.6M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 51.94M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TALK’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 25% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.58, with the price of TALK currently trading nearly -4.73% and -15.12% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 38.81, while the 7-day volatility ratio is showing 4.53% which for the 30-day chart, stands at 5.39%. Furthermore, Talkspace Inc (TALK)’s beta value is 1.14, and its average true range (ATR) is 0.17.
A comparison of Talkspace Inc (TALK) with its peers suggests the former has fared considerably weaker in the market. TALK showed an intraday change of -3.26% in last session, and over the past year, it shrunk by -26.45%%.
Data on historical trading for Talkspace Inc (NASDAQ:TALK) indicates that the trading volumes over the past 10 days have averaged 1.47 and over the past 3 months, they’ve averaged 2.04 million. According to company’s latest data on outstanding shares, there are 168.85 million shares outstanding.
Nearly 19.86% of Talkspace Inc’s shares belong to company insiders and institutional investors own 46.20% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.24 million shares as on 2025-03-14, resulting in a short ratio of 1.25. According to the data, the short interest in Talkspace Inc (TALK) stood at 329.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 5.56 million. The stock has fallen by -13.59% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TALK stock heading into the next quarter.
